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The Economic and Financial Crimes Commission has placed two mansions in Dubai allegedly belonging to a former Minister of Petroleum Resources, Diezani Alison-Madueke to worth 74,000,000 dirham (N7.1bn).
The operatives of the commission, according to PUNCH, who visited the properties, located at E146 Emirates Hill and J5 Emirates Hill, is already applying for the forfeiture of the properties through the Office of the Attorney General of the Federation.
Emirates Hill, which has been described as the Beverly Hills of the United Arab Emirates, is home to some of the richest men in the world including billionaire Chairman of the Stallion Group, Sunil Vaswani.
If the commission is able to clear all legal hurdles and ensure the final forfeiture of the property, it would bring the total amount of cash and assets finally recovered from Diezani to $200m (N70bn).
A detective, who did not want his name in print, said the anti-graft agency would exploit the Mutual Legal Assistance Treaty the Federal Government had recently signed with the government of the UAE.
Source: PUNCH
The operatives of the commission, according to PUNCH, who visited the properties, located at E146 Emirates Hill and J5 Emirates Hill, is already applying for the forfeiture of the properties through the Office of the Attorney General of the Federation.
Emirates Hill, which has been described as the Beverly Hills of the United Arab Emirates, is home to some of the richest men in the world including billionaire Chairman of the Stallion Group, Sunil Vaswani.
If the commission is able to clear all legal hurdles and ensure the final forfeiture of the property, it would bring the total amount of cash and assets finally recovered from Diezani to $200m (N70bn).
A detective, who did not want his name in print, said the anti-graft agency would exploit the Mutual Legal Assistance Treaty the Federal Government had recently signed with the government of the UAE.
Source: PUNCH
